TradingPedia – German Recession: Germany’s February retail sales drop the most since Oct 2022

Retail sales in Germany decreased at a monthly rate of 1.9% in February, data by the Federal Statistical Office showed on Thursday.

The actual figure confounded market expectations of a 0.3% monthly growth

In annual terms, German retail sales shrank 2.7% in February, which marked the fourth consecutive month of contraction and the steepest fall since September 2023.



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